TMCNet:  Shares of HP Up 16.6% Since Uptrend Call on Shares

[January 17, 2013]

Shares of HP Up 16.6% Since Uptrend Call on Shares

Jan 17, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Helmerich & Payne (NYSE:HP) on November 19th, 2012 at $51.18. In approximately 2 months, Helmerich & Payne has returned 16.65% as of today's recent price of $59.70.

Helmerich & Payne share prices have moved between a 52-week high of $64.36 and a 52-week low of $38.71 and are now trading 54% above that low price at $59.70 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.2%.

Helmerich & Payne, Inc. is primarily a contract drilling company. As of December 31, 2011, the Company's existing fleet included 255 U.S. land rigs, 26 international land rigs and nine offshore platform rigs.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Helmerich & Payne shares.Log in and add Helmerich & Payne (HP) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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